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Brief history about the Italian V Conto Energia

The first Italian National Energy Program dates 1975 when, immediately after the first oil crisis, the Parliament noticed the problem of the increasing fossil fuels prices. The objective was to design a new national energy system fossil fuel free, the only solution was to build new nuclear power reactors, but a referendum where about 70% of the Italians decided to vote against nuclear, stopped the construction of all the nuclear plants all over Italy.

read more... 15/05/2013

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Daily: British gas prices decline on higher supplies from Norway

Brent crude oil prices dropped on Tuesday after a global energy regulator described world supplies as “comfortable” and after analysts’ forecasts showed strong U.S. crude inventory. Meanwhile, Brent crude oil slipped 22 cents to settle at $102.60 per barrel, after trading largely within a $1 range. U.S. light, sweet crude closed down 96 cents at $94.21 per barrel.

read more... 15/05/2013

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Daily: European power close to recent lows on weak fuel prices

Brent crude dropped to about $103 a barrel on Monday as the dollar remained firm, with renewed worries of a decline in demand growth from the United States, move which further weighed on sentiment. Meanwhile, Brent crude eased 77 cents to $103.14 a barrel by 01:43 GMT, after having settled down 56 cents on Friday and closed the week lower after gains in the previous two. U.S. oil declined 85 cents to $95.19, dropping the fourth time out of the past five sessions.

read more... 14/05/2013

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Poland’s shale gas hopes fade on Talisman, Marathon withdrawal

Poland’s shale gas hopes have recently suffered a major blow after the North American energy companies-Talisman Energy Inc. and Marathon Oil announced that they are quitting the exploration for shale gas in Poland. Poland, the former Soviet bloc country, hoped that the exploration of its shale gas deposits will soon reduce its dependence on Russian gas supplies and will further transform the nation from a gas importer to a gas exporter.

read more... 14/05/2013

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Daily: Brent prices up on volatile trade

Brent crude oil futures increased on volatile trade on Thursday, while U.S. crude slightly decreased, as investors evaluated Middle East tensions against weak demand and high inventories.

read more... 10/05/2013

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